MMG Future Growth

Future criteria checks 5/6

MMG is forecast to grow earnings and revenue by 65.9% and 9.9% per annum respectively. EPS is expected to grow by 68.5% per annum. Return on equity is forecast to be 20.3% in 3 years.

Key information

65.9%

Earnings growth rate

68.5%

EPS growth rate

Metals and Mining earnings growth	20.7%
Revenue growth rate	9.9%
Future return on equity	20.3%
Analyst coverage	Good
Last updated	30 Apr 2024

Recent future growth updates

MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models

Mar 07

Recent updates

Results: MMG Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 28

Returns Are Gaining Momentum At MMG (HKG:1208)

Mar 27

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Dec 04

Earnings and Revenue Growth Forecasts

SEHK:1208 - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,483	620	1,568	2,273	6
12/31/2025	5,541	496	1,299	2,031	7
12/31/2024	4,179	180	654	1,375	7
12/31/2023	4,347	9	1,059	1,850	N/A
9/30/2023	4,044	22	759	1,486	N/A
6/30/2023	3,742	34	460	1,123	N/A
3/31/2023	3,498	103	363	978	N/A
12/31/2022	3,254	172	266	832	N/A
9/30/2022	3,242	259	572	1,105	N/A
6/30/2022	3,230	347	877	1,378	N/A
3/31/2022	3,742	507	1,427	1,965	N/A
12/31/2021	4,255	667	1,978	2,552	N/A
9/30/2021	4,271	580	1,869	2,426	N/A
6/30/2021	4,287	493	1,761	2,300	N/A
3/31/2021	3,660	214	1,301	1,829	N/A
12/31/2020	3,034	-65	842	1,358	N/A
9/30/2020	2,919	-186	740	1,290	N/A
6/30/2020	2,805	-307	638	1,222	N/A
3/31/2020	2,908	-269	653	1,183	N/A
12/31/2019	3,012	-230	669	1,145	N/A
9/30/2019	3,085	-185	683	1,113	N/A
6/30/2019	3,159	-140	697	1,080	N/A
3/31/2019	3,415	-38	1,045	1,406	N/A
12/31/2018	3,670	65	1,394	1,732	N/A
9/30/2018	3,785	163	N/A	N/A	N/A
6/30/2018	3,900	261	1,737	2,195	N/A
3/31/2018	3,826	203	1,701	2,283	N/A
12/31/2017	3,751	144	1,665	2,370	N/A
9/30/2017	3,702	45	N/A	N/A	N/A
6/30/2017	3,653	-53	N/A	1,781	N/A
3/31/2017	3,071	-103	N/A	1,251	N/A
12/31/2016	2,489	-153	N/A	722	N/A
9/30/2016	1,956	-613	N/A	430	N/A
6/30/2016	1,423	-1,073	N/A	137	N/A
3/31/2016	1,687	-1,050	N/A	210	N/A
12/31/2015	1,951	-1,026	N/A	282	N/A
9/30/2015	2,178	-504	N/A	476	N/A
6/30/2015	2,404	18	N/A	669	N/A
3/31/2015	2,446	61	N/A	668	N/A
12/31/2014	2,487	104	N/A	667	N/A
9/30/2014	2,488	111	N/A	607	N/A
6/30/2014	2,489	118	N/A	547	N/A
3/31/2014	2,479	110	N/A	551	N/A
12/31/2013	2,470	103	N/A	555	N/A
9/30/2013	2,468	103	N/A	531	N/A
6/30/2013	2,467	103	N/A	507	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1208's forecast earnings growth (65.9% per year) is above the savings rate (2.2%).

Earnings vs Market: 1208's earnings (65.9% per year) are forecast to grow faster than the Hong Kong market (12.1% per year).

High Growth Earnings: 1208's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1208's revenue (9.9% per year) is forecast to grow faster than the Hong Kong market (8.1% per year).

High Growth Revenue: 1208's revenue (9.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1208's Return on Equity is forecast to be high in 3 years time (20.3%)

MMG Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 40%

MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models

MMG Limited Provides Production Guidance for the Full Year 2023

Consensus EPS estimates fall by 18%

Consensus EPS estimates fall by 16%, revenue upgraded

Consensus EPS estimates fall by 11%

Recent updates

Insufficient new directors

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

MMG Limited Announces Board Changes

What MMG Limited's (HKG:1208) 25% Share Price Gain Is Not Telling You

Does MMG (HKG:1208) Have A Healthy Balance Sheet?

We Think You Can Look Beyond MMG's (HKG:1208) Lackluster Earnings

Consensus EPS estimates fall by 40%

MMG Limited Just Missed Earnings - But Analysts Have Updated Their Models

MMG Limited, Annual General Meeting, May 23, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

MMG Limited Announces Retirement of Ross Carroll as Chief Financial Officer, with Effect from 6th March 2024

Investor sentiment deteriorates as stock falls 17%

Revenues Tell The Story For MMG Limited (HKG:1208)

MMG Limited to Report Fiscal Year 2023 Results on Mar 05, 2024

Does MMG (HKG:1208) Have A Healthy Balance Sheet?

MMG Limited (SEHK:1208) entered into the agreement to acquire Cuprous Capital Ltd from Cupric Canyon Capital LP, Missouri Local Government Employees Retirement System, Resource Capital Fund VII L.P., a fund managed by RCF Management, LLC and The Ferreira Family Trust for $1.9 billion.

MMG Limited Provides Production Guidance for the Full Year 2023

Be Wary Of MMG (HKG:1208) And Its Returns On Capital

Consensus EPS estimates fall by 18%

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Consensus EPS estimates fall by 16%, revenue upgraded

MMG Limited Appoints Xu Jiqing as Chairman

First half 2023 earnings released: US$0.007 loss per share (vs US$0.009 profit in 1H 2022)

MMG Limited Provides Exploration Update for the Las Bambas and Rosebery Mines

Investor sentiment improves as stock rises 17%

Here's What To Make Of MMG's (HKG:1208) Decelerating Rates Of Return

MMG Limited to Report First Half, 2023 Results on Aug 15, 2023

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively

Investor sentiment improves as stock rises 37%

Return Trends At MMG (HKG:1208) Aren't Appealing

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

MMG Limited Provides Production Guidance for the Year 2023

MMG Limited to Report Fiscal Year 2022 Results on Mar 07, 2023

Investor sentiment improved over the past week

MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

Investor sentiment improved over the past week

We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

Consensus EPS estimates fall by 27%

Less than half of directors are independent

Consensus forecasts updated

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

MMG Limited Announces Executive Changes

MMG Limited Provides Production Guidance for the Full Year 2022

MMG Reportedly Lobs Bid for Eva Copper Mine Project

MMG (HKG:1208) Takes On Some Risk With Its Use Of Debt

Analysts Just Shaved Their MMG Limited (HKG:1208) Forecasts Dramatically

Consensus EPS estimates fall by 20%

MMG Limited (HKG:1208) Could Be Riskier Than It Looks

First half 2022 earnings released: EPS: US$0.009 (vs US$0.049 in 1H 2021)

Investor sentiment deteriorated over the past week

MMG Limited Provides Production Guidance for the Year 2022

We Like These Underlying Return On Capital Trends At MMG (HKG:1208)

Consensus EPS estimates fall by 11%

MMG Limited to Report First Half, 2022 Results on Aug 18, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

MMG (HKG:1208) Has A Pretty Healthy Balance Sheet

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

MMG's (HKG:1208) Solid Profits Have Weak Fundamentals

Results: MMG Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Returns Are Gaining Momentum At MMG (HKG:1208)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

MMG Limited Provides Production Guidance for the Year 2022

Investor sentiment deteriorated over the past week

These 4 Measures Indicate That MMG (HKG:1208) Is Using Debt Extensively